SD1174 — An Act relative to the fiduciary responsibility of lenders for non-payment of insurance premiums from escrowed accounts

SD1174 — An Act relative to the fiduciary responsibility of lenders for non-payment of insurance premiums from escrowed accounts · Informed CitizenryThis bill amends Chapter 167E of the General Laws to establish the liability of banks that fail to pay property insurance premiums from escrowed funds. If a bank requires a borrower to escrow insur…Open in Informed Citizenry